Word: argumentative
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Dates: during 1930-1939
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With such a fruitless argument, it is little wonder that national "issues" have had less political effect than national events. The cost of Government, the centralization of Government, how Labor should be freed and Industry regulated have concerned practical politicians far less than such hard facts as Depression during early 1938 (and Recovery this fall), low farm prices, distribution of relief cash, the growing clamor of oldsters for pensions...
More cogent an argument is the necessity for fluid funds if the University is to play its rightful part in the advance of education and learning. Unhampered as they are by dependence on the grants of penny-wise legislatures, endowed institutions are better fitted to experiment and introduce educational innovations than their public counterparts. Significant experiments such as the tutorial system or the National Scholarship plan could never have originated in state universities, subject as they are to budget-balancing governors. Moreover, only an institution like Harvard is capable of extensively promoting research of a non-utilitarian character, the ultimate...
...McNary-Haugenism. So far, the AAA has operated to the direct advantage only of the nation's farmers. Much has been said of the indirect advantages to the nation as whole; recovery was to arrive on the wings of higher farm buying power. Whatever the validity of this argument, high food costs have consistcutly held down the living standard of our lowest income classes. Surplus distribution through State relief agencies handled negligible quanties of goods from local markets temporarily glutted. The Secretary's scheme will involve nation-wide distribution of farm products ear-marked for poor persons at greatly reduced...
Ignoring the argument that ownership of these giant corporations is generally scattered among millions of investors in many States, Speaker O'Mahoney then quoted President Lewis H. Brown of Johns-Manville Corp. Before the International Management Congress Mr. Brown recently remarked that management no longer represents a single interest but must include shareholders, jobholders, customers and the public. This attitude, said Joe O'Mahoney, was "enheartening." But he felt that even enlightened management could not be trusted to reorder the economic states...
Ignoring this argument and the obvious fact that if an issue becomes sticky and causes a loss to Union Securities Corp. the loss will inevitably be passed on to its investment trust backers, Tri-Continental and Selected Industries last week preferred to lay their new venture to two lesser reasons: 1) they have large chunks of capital they are eager to use; 2) since banks were divorced from underwriting, and death or depression has slashed the ranks of underwriters, there is an acknowledged lack of underwriting capital...